The GSMG platform works on a pay-as-you-go system. Therefore, when no profit is made, no fee will be charged. On completed trades, 25% of the trade profit will be deducted from your fuel credits.
New users will receive an introductory fuel credit of 0.15 ETH with our thanks, to help become acquainted with the platform and to experience its value and features first hand. When the fuel credits have been depleted, the platform will automatically stop trading until new credits are added.
A short guide explaining how to deposit new fuel credits to your account is present under the settings menu in your personal GSMG dashboard.
1. NO REFUNDS OF BOUGHT FUEL, so do not send more Ethereum than you are willing to spend on the usage of the platform. GSMG is an automated trade service that places orders for its users, but is managed by the end user in terms of fund allocation and market selection. We explicitly do not wish to hold user funds on our wallet or manage the funds of any of our users because that would obligate us to request and validate your personal identity information, resulting in the loss of your anonymity which we want to avoid at all costs because we highly respect your online privacy.
2. Ethereum that is sent to the GSMG Credit address will be used as “fuel”, which is the credit system for GSMG, and should not to be confused with your trading account. If you wish to deposit currency for trades, send the coins to your personal deposit address on the exchange. (E.g. Bittrex FAQ : https://support.bittrex.com/hc/en-us/articles/115000199631-How-do-I-deposit-coins-to-Bittrex-)